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Cost Accounting
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Cost Accounting
Evaluation criteria of regression equation must be considered as
goodness of fit
economic plausibility
significance of independent variable
all of above
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Comment
Cost Accounting
The selling price minus variable manufacturing cost per unit, minus variable marketing cost per unit is equal to
fixed margin per unit
variable margin per unit
contribution margin per batch
contribution margin per unit
Author:
rikazzz
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Cost Accounting
Statutory cost audit are applicable only to:
firm
Company
Individual
Society
Author:
rikazzz
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Cost Accounting
The weak relationship between cost and cost driver is indicated on a regression line, which is
curved
slightly sloped
completely sloped
dotted
Author:
rikazzz
Comment
Cost Accounting
In value chain analysis, the selling and promotion to prospective customers is classified as
researching
marketing
acquaintance
usefulness
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rikazzz
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Cost Accounting
The costing method, in which the direct material cost is included in inventoriable cost is called
manufacturing cost
super variable costing
throughput costing
both B and C
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rikazzz
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Cost Accounting
If the fixed budgeted manufacturing cost is $35000 and the budgeted production units are 7000, then budgeted fixed manufacturing cost per unit will be
$20
$5
$10
$15
Author:
rikazzz
Comment
Cost Accounting
If, Gross profit = $ 40,000 GP Margin = 25% of sales what will be the value of cost of goods sold:
160000
120000
40000
Cannot be determined
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rikazzz
Comment
Cost Accounting
The difference of cost, which occurs while considering the alternatives can be classified as
dependent cost
independent cost
incremental cost
differential cost
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rikazzz
Comment
Cost Accounting
In accounting, the cost which is predicted to be incurred or future cost is known as
past cost
incurred cost
actual cost
budgeted cost
Author:
rikazzz
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